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Oil prices hover near $90 a barrel and gold hits two-month high as Trump makes new demands on Iran – business live

Trade Hub UK regulation desk (2026-08-11): US president demands compensation for damage incurred by US, complicating standoff with TehranOil prices have see-sawed: Brent crude jumped more than 2% to… Primary source: original at Guardian Markets (theguardian.com).

US president demands compensation for damage incurred by US, complicating standoff with Tehran

Oil prices have see-sawed: Brent crude jumped more than 2% to just over $90 a barrel, the highest level since 31 July, but has now dipped 0.3% to $87.53 a barrel.

It went higher earlier after a small cargo ship was attacked on Tuesday by Yemen’s Iran-aligned Houthis in the Bab el-Mandeb Strait, killing three crew members.

While any beat ​is positive, the scale may not be enough for investors to really get excited about.

We call on the government to act now to improve ​access to housing across all ​tenures, both by helping first-time buyers onto ​the property ladder and supporting the delivery of affordable and social housing for ​those who need ‌it most.

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